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Friends Of The Texas A&M University Libraries

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 742446651 ✦ College station, TX ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The Texas A&M University Libraries?

Friends of the Texas A&M University Libraries is a nonprofit organization situated in College Station, Texas. Established with a mission to further scientific, literary, educational, or charitable purposes, as per Section 501(c)(3) of the Internal Revenue Code, this organization primarily supports Texas A&M University Libraries. They contribute funds for essential resources such as books, periodicals, research materials, historical publications, and clerical support. The organization's goals include fostering understanding and appreciation for the library's work, promoting the library's significance to the university's development, seeking bequests and gifts, and serving as a unifying body for various university elements.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Overall, Friends Of The Texas A&M University Libraries has received a Two-Star out of Four Star rating, indicating significant areas for improvement with an overall score of 60%. The organization shows a strong program expense ratio of 100%, which suggests that all its expenses are directed towards its programs, reflecting a clear commitment to its mission.

However, there are notable weaknesses in the governance and accountability aspects. The organization has no independent board members, which raises concerns about its governance structure. Additionally, vital policies such as a whistleblower policy and document retention policy are absent, pointing towards a lack of certain best practices in nonprofit management.

The absence of critical documents on its website, including the tax form, further detracts from transparency. While there are no reported issues with material diversion of assets, the overall lack of independent oversight and missing policies highlight areas where the organization needs to strengthen its operational framework to enhance trust and accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of The Texas A&M University Libraries legitimate?

Friends Of The Texas A&M University Libraries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Texas A&M University Libraries submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Friends Of The Texas A&M University Libraries?

The mission of Friends Of The Texas A&M University Libraries is primarily focused on promoting the significance and impact of the university's libraries. They aim to foster an understanding and appreciation for the library's work, emphasizing its role in the future development of Texas A&M University, a renowned institution in the state and nation. The organization encourages bequests of resources such as money, books, manuscripts, and other properties for the benefit of the library. Furthermore, it serves as a platform for various university elements, including alumni, faculty, students, and friends, to collaborate and support the library's objectives as outlined in its articles of incorporation.

Who is the CEO of Friends Of The Texas A&M University Libraries?

Melissa Dewitt is the President of Friends Of The Texas A&M University Libraries.

What is the revenue of Friends Of The Texas A&M University Libraries?

Friends Of The Texas A&M University Libraries's revenue in 2023 was $66,144.

Who are the executives of Friends Of The Texas A&M University Libraries and what are their salaries?


Here are 5 key members and their salaries:


Cindy Craigen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Johnson (Vice President/Pres. Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marisa Vergara (Vice President/Membership)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raleigh W Newsam Ii (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Ivey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of The Texas A&M University Libraries?

Friends Of The Texas A&M University Libraries's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Friends Of The Texas A&M University Libraries

Friends of the Texas A&M University Libraries is a non-profit organization, recognized under Section 501(c)(3) of the Internal Revenue Code, with a mission to promote and support the Texas A&M University Libraries. The organization's primary aim is to foster an understanding and appreciation for the work of these libraries, recognizing their significance in the future development of Texas A&M University, a top-ranked institution both within the state and nationwide.

Friends of the Texas A&M University Libraries seeks to accomplish this mission by encouraging collaboration between various elements within the university, including alumni, faculty, students, and friends. The organization serves as a platform for these groups to work together, promoting and achieving the purposes described in its articles of incorporation. Another crucial aspect of the organization's mission is to secure bequests and donations of money, books, manuscripts, and other properties that can benefit the Texas A&M Libraries.

In essence, Friends of the Texas A&M University Libraries is committed to enhancing the reputation and resources of the Texas A&M Libraries, fostering a strong sense of community involvement and support for this vital educational institution.

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Impact




August, 2024

Friends of the Texas A&M University Libraries aims to support and enhance the resources and services provided by the Texas A&M University Libraries. They do this by making contributions or grants to the libraries for books, periodicals, research materials, historical publications, and clerical support. Their mission includes encouraging an understanding and appreciation of the work of the libraries, emphasizing their importance to the university's development and seeking bequests of various resources to benefit the libraries.

Through their efforts, Friends of the Texas A&M University Libraries play a significant role in enriching the academic and research environment at Texas A&M University. Their support helps to ensure that students, faculty, and researchers have access to valuable resources and services that contribute to the university's status as a top-ranked institution both in the state and nation.




This information is meant to be a general summary of Friends Of The Texas A&M University Libraries. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$66,144 (2023)
Expenses
$70,084 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $111
  • Gross Receipts: $66,144

Assets and Liabilities:

  • Total Assets: $100,308
  • Total Liabilities: $0
  • Net Assets: $100,308

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Organization Details

Founding Year

1970

Principal Officer

Melissa Dewitt

Main Address

5000 TAMU, COLLEGE STATION, TX, 778430001

NTEE Category

Code: B73I - Education

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